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Foreign cos without PAN can open bank accounts in IFSC-Gift City

Posted on October 11, 2023 By admin
Foreign cos without PAN can open bank accounts in IFSC-Gift City

Non-residents and foreign companies opening bank accounts in IFSC Gift City will not have to furnish PAN and can instead file a declaration. The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60 and should not have any tax…

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